McFly

McFly@ilzmcfly

$IREN

tweeted Wed, Sep 2 · counted from Thu, Sep 3 close

McFly@ilzmcfly

One thing I’d really like to see more clarity on from $IREN is the recent contract with the unnamed frontier lab. I completely understand why the customer’s name may need to remain confidential. But I’m a little confused as to why the TCV and/or ARR can’t be disclosed.

tweeted Tue, Sep 1 · counted from Wed, Sep 2 close

McFly@ilzmcfly

$IREN needs to show they are mindful of shareholders this 2027 Capex cycle and that they don't need the ATM for the residual $3-$8B in Capex. If IREN manages to have $4B (480MW gross) of operational owned capacity by year end without major delay then that would be a huge

tweeted Sun, Aug 30 · counted from Mon, Aug 31 close

McFly@ilzmcfly

The only thing I was hoping for was more guidance around FY2027 and disclosure of the frontier lab contract. Im not sure what the TCV is for $IREN now but my estimates conclude me to believe it’s around the $20B mark. Which means IREN is undervalued.

tweeted Thu, Aug 27 · counted from Fri, Aug 28 close

McFly@ilzmcfly

$IREN Overall I would characterize these results as bullish for the IREN thesis, particularly on AI Cloud demand and unit economics. The weak part is the sheer amount of capital required to execute it. What I view as most bullish: - >$4B contracted ARR for 2026 capacity, with

tweeted Thu, Aug 27 · counted from Fri, Aug 28 close

McFly@ilzmcfly

Expecting big red candles $IREN

tweeted Thu, Aug 27 · counted from Fri, Aug 28 close

McFly@ilzmcfly

So one day before $IREN earnings we got: 1) FinX Accounts (Non IREN investors) making posts questioning the IREN board 2) Random accounts making up that retail is excited 3) JP Morgan putting out sell reports As a long term investors it’s neither here nor there. Im

tweeted Thu, Aug 27 · counted from Fri, Aug 28 close

McFly@ilzmcfly

$IREN | 2027 Power vs. Compute Correct me if I'm wrong but if this is true, are we not capacity short in 2027? 2027 Expected MW/GW Additions — Hyperscalers & NeoClouds IREN ->730 MW Nebius ->1 GW CoreWeave ->1 GW estimate xAI -> 6–8 GW Oracle -> 4–5 GW estimate Google -> 7–9

tweeted Mon, Aug 17 · counted from Tue, Aug 18 close